REIDAR LARSEN SERVICE AS

4160 FINNØY

Finances

Share Ownership

Return on Equity

12,21 %

Current Ratio

2,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 631 000	1 042 000	1 500 000	1 522 000
Net Income	63 000	−204 000	82 000	28 000
Total Assets	827 000	664 000	916 000	925 000
Total Equity	516 000	453 000	657 000	636 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 631 000	1 042 000	1 500 000	1 522 000
Expenditure	1 601 000	1 246 000	1 390 000	1 486 000
Operating Profit	63 000	−204 000	108 000	37 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	63 000	−204 000	109 000	37 000
Tax	0	0	27 000	8 000
Net Income	63 000	−204 000	82 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	19 000	38 000
Total Current Assets	827 000	664 000	897 000	887 000
Total Assets	827 000	664 000	916 000	925 000
Total Retained Equity	466 000	403 000	607 000	586 000
Total Equity	516 000	453 000	657 000	636 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	312 000	211 000	259 000	290 000
Total Equity and Debt	827 000	664 000	916 000	925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 631 000	1 042 000	1 500 000	1 522 000
Other Income	0	0	0	0
Revenue	1 631 000	1 042 000	1 500 000	1 522 000
Cost of Goods Sold	633 000	258 000	479 000	545 000
Salary Costs	704 000	768 000	700 000	718 000
Depreciation	0	19 000	19 000	29 000
Impairment	0	0	0	0
Expenditure	1 601 000	1 246 000	1 390 000	1 486 000
Operating Profit	63 000	−204 000	108 000	37 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	60 000	0
Net Income	63 000	−204 000	82 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	19 000	38 000
Total Intangible Assets	0	0	19 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	19 000	38 000
Stock	61 000	27 000	29 000	18 000
Total Investments	0	0	0	0
Cash, Bank	552 000	401 000	648 000	565 000
Total Current Assets	827 000	664 000	897 000	887 000
Total Assets	827 000	664 000	916 000	925 000
Total Equity	516 000	453 000	657 000	636 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	113 000	26 000	20 000	76 000
Unpaid Taxes	124 000	97 000	94 000	115 000
Dividends	0	0	60 000	0
Other Current Debt	75 000	87 000	58 000	87 000
Total Current Debt	312 000	211 000	259 000	290 000
Total Equity and Debt	827 000	664 000	916 000	925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,21 %	−45,03 %	12,48 %	4,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,86 %	−19,58 %	7,2 %	2,43 %
Current Ratio	2,65	3,15	3,46	3,06
Quick Ratio	3,29	3,61	3,9	3,26
Equity Ratio	0,62	0,68	0,72	0,69
Gross Profit Margin	61,19 %	75,24 %	68,07 %	64,19 %